Morgan Stanley Maintains Equal-Weight on Charles Schwab, Raises Price Target to $71
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on Charles Schwab (NYSE:SCHW) and raised the price target from $68 to $71.

July 28, 2023 | 3:04 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Charles Schwab and raised the price target from $68 to $71.
The news of Morgan Stanley maintaining an Equal-Weight rating on Charles Schwab and raising the price target is likely to have a positive impact on the stock in the short term. This is because the raised price target indicates the analyst's increased confidence in the company's performance, which could attract more investors to the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100